Together We Bake EIN 47-2543526

Together We Bake

EIN  47-2543526 Public charity (501(c)(3)) Alexandria, VA
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Size
$1–10M
What they do
Trains women needing a second chance with job skills and confidence for self-sufficiency.
Leadership
Stephanie Wright · Past Executive Director · $109K
Money in and out
$1.1M revenue, $1.1M expenses
Bottom line
68% program efficiency

Trains women needing a second chance with job skills and confidence for self-sufficiency. For fiscal year 2024 it reported $1.1M in revenue, $1.1M in expenses, and $1.1M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$25K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.16 Fundraising $0.15
Program efficiency
68%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
11.1mo
months of highly liquid reserves at operating expense rate▼ -20% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▼ -144% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▲ +11%
Expenses
$1.1M
FY2024▲ +20%
Total assets
$1.7M
FY2024▲ +56%
Total liabilities
$641K
FY2024▲ ×17
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$25K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $755K of program spending, described in the organization's own filed words · FY2024.
01

Together We Bake is an empowerment-based workforce training program for women in need. The program is centered around a small baking business through which women actively learn and participate in food production, food safety education, and business administration.

$755Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTogether We Bake
EINHdr · item D47-2543526
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jnew.togetherwebake.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P50)
Ruling yearIRS BMFMar 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Past Executive Director
$108,917Pt VII · Sec A
Chief Operations Director
$101,250Pt VII · Sec A
Executive Director
$12,500Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Stephanie Wright’s $109K as Past Executive Director is at the 44th percentile of top reported officer pay among 3864 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stephanie Wright$108,917$95,663$73,118$81,101$78,095
Tricia Sabatini$101,250$95,663$72,618$82,256$78,110
Tricia Allen$12,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$966K · 89%
Other revenue$85K · 8%
Investment income$29K · 3%
Contributions & grants89%$966K
Other revenue8%$85K
Investment income3%$29K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.16 Fundraising $0.15
Program services68%$755K
Management & general16%$182K
Fundraising15%$168K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$214K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$641K
Total net assetsLn 32$1.1M
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $1.1M
11.1 months
Where the money goes
Program services
Program services $755K · Total expenses $1.1M
68%
Management & General
Management & general $182K · Total expenses $1.1M
16%
Fundraising
Fundraising $168K · Total expenses $1.1M
15%
Cost to raise $1
Fundraising expense (3-yr avg) $110K · Solicited contributions (3-yr avg) $822K
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $966K · Total revenue $1.1M
89%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $29K · Total revenue $1.1M
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.1M
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $970K
+11%
Revenue CAGR
FY2020 $785K · FY2024 $1.1M
+8%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.1M
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $1.1M · Total assets $1.7M
63%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $810K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
46%
People & payroll
Highest Reported Total Compensation
Individual Stephanie Wright · Reported title Past Executive Director · Highest reported compensation $109K · Total expenses $1.1M
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $846K · Total expenses $1.1M
77%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 16%
Fundraising cost ratio 17%
Revenue growth 11%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$80K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$970K revenue · ⤓ 990 PDF
FY2022$731K revenue · ⤓ 990 PDF
FY2021$965K revenue · ⤓ 990 PDF
FY2020$785K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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